Probability and stats final term Flashcards

(46 cards)

1
Q

Confidence level of 85%

A

1.44

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2
Q

Confidence level of 92%

A

1.75

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3
Q

the border or line between level significance and confidence

A

critical value

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4
Q

The probability that we make the error to reject the Null hypothesis when the Null Hypothesis is true

It is denoted by alpha or x refers to the degreee of significance in which we accept or reject the null hypothesis

A

Level of Significance

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5
Q

degrees of freedom

A

df

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6
Q

Confidence interval

A

I=x̅±Za/z(σ/√n)

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7
Q

Calculated from sample data used to decide

A

Test Hypothesis

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8
Q

T-distribution formula

A

x̅-M/σ/√n

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9
Q

Confidence level of 80%

A

1.28

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10
Q

σ

A

sigma
population standard deviation

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11
Q

E=

A

E=Za/z(σ/√n)

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12
Q

also known as gaussiou distribution, the probability density function of any continuous random variable for any given system

A

Normal distribution

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13
Q

Ha

A

Alternative Hypothesis

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14
Q

upper limit formula

A

x̅+E

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15
Q

n=

A

sample size

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16
Q

A statistical term that represents the range of uncertainty or variability around an estimate or measurement. it quantifies the degree of confidence we can have in the estimate is accuracy

A

Margin of Error

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17
Q

=

A

Equal to the same as, not changed from, is

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18
Q

df formula

A

n-1

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19
Q

Confidence level of 96%

20
Q

A ???l is the mean of your estimate plus and minus the variation in the estimate

A

Confidence Interval

21
Q

Alternative Hypothesis

22
Q

Ho

A

Null Hypothesis

23
Q

Null Hypothesis

24
Q

When the given statistics hypothesis assumes less than or greater than value, it is called ???

A

One Tailed Test

25
>
greater than, above, higher than, longer than, bigger than, increased
26
Confidence level of 70%
1.04
27
Margin of Error formula
Za/z(σ/√n)
28
Za/z
confidence coefficient
29
Rejecting the Null Hypothesis when it is true (α)alpha
Type 1 error
30
When the alternative hypothesis is two side like ha M≠Mo, it is called ???
Two Tailed Test
31
Confidence level of 98%
2.33
32
Ha Also known as research Hypothesis, I involves the claim to be tested
Alternative Hypothesis
33
Ho Currently accepted value for a parameter
Null Hypothesis
34
A determination made by an analyst that the results in data are not explainable by chance alone
Statistically significance
35
Confidence level of 95%
1.96
36
is a belt shaped and uni modal it is asymmetric about t=0. however, its variants is greater than 1. The ??? is used with small samples, taken from population that is approximately normal
T-Distribution
37
A premise or claim that we want to test
Hypothesis
38
not rejecting the null hypothesis when it is false (β)beta
Type 2 error
39
<
less than, below lower than, smaller than, decreased or reduce
40
Possibe outcome of this test
*Reject Null Hypothesis(Ha) *Fail to reject Null Hypothesis(Ho)
41
df
degrees of freedom
42
lower limit formula
x̅-E
43
Confidence level of 90%
1.645
44
Is the range values likely include the parameter of the same confidence level
Confidence Interval
45
not equal, different from, changed from, not the same as
46
Confidence level of 99%
2.58